Apartment association · Kõrgessaare alevik, Hiiumaa vald
Näkmani tee 3 apartment association
Hiiumaa vald, Kõrgessaare alevik, Näkmani tee 3 korteriühistu (registry code 80430007) manages a 3-storey block building built in 1987 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €8,339 (€12 per m² of flat space) and it held €7,904 in cash.
Board
- HPHeiki Polukainenboard member8 years 9 months
- LRLii Romandiboard member8 years 9 months
- SPSiiri Pielbergboard member8 years 9 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1987
- Storeys
- 3
- Construction
- block
- Flats
- 12
- Lift
- no
- Heating
- stove
Building page: Näkmani tee 3 →
Compared with similar buildings: Hiiumaa vald, built 1982–1992 (39 associations).
Finances by year
Loan principal repayment is an estimated €0.28 per m² of flat space a month, about €14 a month for a 50 m² flat (interest not included) — less than 78% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2029.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €8,339 | €297 | €7,904 | €3,640 | €0 |
| 2024 | €6,540 | €268 | €6,305 | €2,555 | €0 |
| 2023 | €1,464 | €216 | €1,344 | €2,595 | €0 |
| 2022 | €3,901 | €227 | €3,869 | €2,498 | €0 |
| 2021 | €935 | €196 | €953 | €2,203 | €0 |
| 2020 | €1,650 | €1,460 | €2,918 | €1,983 | €0 |
| 2019 | €3,741 | €175 | €3,751 | €1,714 | €0 |
Compared with similar buildings (Hiiumaa vald, built 1982–1992; 39 associations), long-term liabilities per m² of flat space are higher than 44% of them. The median for buildings with a loan is €58/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €1,047–€1,047 per m².
Estate agents who have offered flats in this building
- Marju ReisbergKinnisvaraekspert OÜ1 flat
What is your flat worth?
An estimate for a flat at Näkmani tee 3 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Näkmani tee 5Kõrgessaare alevik1989 · 18 flats | €225,703 | €29,524 | 2025 |
| C | Näkmani tee 1Kõrgessaare alevik1989 · 12 flats | €0 | €24,024 | 2025 |
| C | Näkmani tee 7Kõrgessaare alevik1989 · 12 flats | €0 | €32,770 | 2025 |
| E | Näkmani tee 9Kõrgessaare alevik1993 · 18 flats | €105,616 | €23,467 | 2025 |
| C | Pargi tee 2Kõrgessaare alevik1981 · 16 flats | €7,743 | €7,619 | 2025 |
| D | Sadama tee 1Kõrgessaare alevik1959 · 12 flats | €0 | €10,048 | 2025 |
| – | Sadama tee 3Kõrgessaare alevik1975 · 8 flats | no reports | ||
| C | Tööstuse tee 12Kõrgessaare alevik1975 · 18 flats | €124,639 | €13,038 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €8,339 of long-term liabilities. The report's key figures do not separate a bank loan from a renovation grant — the association's own statement gives the exact loan balance.
How much cash does the association have?
At the end of 2025 the association held €7,904.
When was the building built?
According to the building register, it was first used in 1987 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Heiki Polukainen, Lii Romandi, Siiri Pielberg (board since 08.01.2018).
How is the association grade calculated?
The A–E grade is built from public data and compares the association with all apartment associations in Estonia. House condition (40%) takes the building's age into account – a new house needs no renovation – along with the energy certificate and the works on the building that its flats' sale ads describe (sellers' and brokers' unverified claims) – the more works (facade, roof, pipes, heating and so on), the better; in an older building, a loan taken for renovation also counts as investment. Loan affordability (30%) shows how many years of income the long-term liabilities equal – up to three years is entirely normal. Cash buffer (10%) is cash per m² of flat space averaged over the last three year-ends: without a loan a bigger buffer is better; with a loan a moderate one is enough. Management (20%) shows whether the last three years' reports were filed, and on time, with extra points for a professional manager. A loan is not bad in itself: in an older building it usually means the house has been renovated. The grade is updated weekly.
Where does the data come from?
Finances: business register open data (annual-report key figures, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.